Intel, White House
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White House officials are discussing the move as part of a government effort to rescue the embattled chip maker and bolster U.S. semiconductor manufacturing. Robbie Whelan and [_
The Trump administration is said to discuss taking a 10% stake in American chipmaker Intel, Bloomberg News reported.
8don MSN
Intel CEO to visit White House after Trump called for his ouster over alleged China ties: report
Intel CEO Lip-Bu Tan is scheduled to visit the White House on Monday following President Donald Trump’s call last week for his ouster over ties to China, according to a new report.
Intel shares have jumped after Japanese technology investment giant Softbank said it is buying a $2bn (£1.5bn) stake in the US computer chip maker. The announcement came just hours after new reports that the Trump administration is in talks to take a stake of around 10% in Intel by converting government grants into shares.